401(k) · DOL Form 5500 · 2022
IBEW Local No. 347 & Iowa Chapter of NECA, Joint Board of Trustees 401(k) Plan
Data updated 2026-08-11
- $330M
- Total assets
- 2,727
- Participants
- 97th
- Percentile by assets
- $121,036
- Avg per participant
Official DOL plan name: IBEW Local 347 Retirement and 401(k) Plan · Sponsored by IBEW Local No. 347 & Iowa Chapter of NECA, Joint Board of Trustees · Utah · Construction
$330M in assets, 2,727 participants
IBEW Local No. 347 & Iowa Chapter of NECA, Joint Board of Trustees's IBEW Local 347 Retirement and 401(k) Plan reported $330M in total assets and 2,727 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 97th percentile by assets (of 139,126 plans)
- #9,593 in Construction (9,927 peers)
Coverage in Utah
IBEW Local 347 Retirement and 401(k) Plan covers 2,727 participants in Utah, 4.6x the typical Utah plan (state average ~592 per filing). Assets: $330M.
- $330M
- total plan assets (2022 EOY)
- 2,727
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $121,036
- avg assets per participant
Participants vs Utah filers
In Utah, the average filing covers about 592 participants across 1,280 plans. IBEW Local 347 Retirement and 401(k) Plan reports 2,727 participants - 4.6x that state average ($330M EOY assets).
Utah filing particulars
| Total Assets (Beginning of Year) | $324M |
|---|---|
| Net Assets (End of Year) | $330M |
| Net Income | $6M |
| Employer EIN | 454356227 |
| Plan Effective Date | 1974-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (IBEW Local No. 347 & Iowa Chapter of NECA, Joint Board of Trustees)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 2,727 | $330M |
| 2023 | 1 | 2,865 | $395M |
| 2024 | 1 | 3,268 | $432M |
Nearby 401(k) Plans in Utah
Peer 401(k) plans, same state, same plan type, ranked by total assets.
IBEW Local 347 Retirement and 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
- Deseret 401(k) Plan $4.7B · 23,455
- Intermountain Healthcare Savings Plus 401(k) Plan $3.6B · 42,446
- Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan $1.5B · 9,870
- Skywest, Inc. Employees' Retirement Plan $952M · 16,878
- Autoliv Asp, Inc. Employee Savings and Investment Plan $588M · 4,068
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to IBEW Local 347 Retirement and 401(k) Plan by total assets, not by location.
- Bio-Techne Corporation and Affiliates Profit Sharing and Savings Plan (MN) $330M · 2,262
- Sgh Profit Sharing & 401(k) Plan and Trust (MA) $330M · 637
- St. Luke's Hospital of Duluth Savings Plan (MN) $330M · 2,753
- Lg Electronics Retirement Plan (NJ) $331M · 3,128
Frequently Asked Questions
How did IBEW Local 347 Retirement and 401(k) Plan assets move in 2022? ▼
How have IBEW Local No. 347 & Iowa Chapter of NECA, Joint Board of Trustees plan assets changed over time? ▼
Where does IBEW Local 347 Retirement and 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to IBEW Local 347 Retirement and 401(k) Plan? ▼
Next read for IBEW Local 347 Retirement and 401(k) Pla…
Filing takeaways
Ways to act on IBEW Local 347 Retirement and 401(k) Plan's numbers.
- By total assets, IBEW Local 347 Retirement and 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Utah. Compare plans
- IBEW Local No. 347 & Iowa Chapter of NECA, Joint Board of Trustees's sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Construction plans